Asked by Aru
A certain vehicle loses 5% of its value each year. If the vehicle has an initial value of $24,742, construct a model that represents the value of the vehicle after a certain number of years. Use your model to compute the value of the vehicle at the end of 9 years.
Answers
Answered by
R_scott
24742 (1 - .05)^y
plug in 9 for y
plug in 9 for y
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